Pixar Animation Studios (PIXR) beat expectations for the second quarter on the strength of Finding Nemo in the home video market.
The announcement follows the company's disclosure Sunday that CEO Steve Jobs, also the chief of
, had undergone surgery for pancreatic cancer and was expected to return to work in September.
On Pixar's earnings call Thursday evening, President Ed Catmull reported that he had visited a recuperating Jobs. "I'm very happy to report he's doing great," Catmull said, adding that he had the "distinct impression" Jobs would be "firing off a lot of emails."
For the second quarter ended June 30, the company reported earnings of $37.4 million, or 63 cents per share. That's more than double the 30 cents that the company forecast in May. Revenue amounted to $66.3 million, ahead of the Thomson First Call estimate of $48 million.
, Pixar said it was helped by continuing film revenue from
and its library titles.
The company said it was "comfortable" with analysts' per-share earnings forecast of 20 cents for the third quarter.
Pixar's shares fell $2.46 to $66 in normal trading, then gained $1.50 after hours.